8 Results for Tag: pollution

Oil Pollution Act Of 1990

DefinitionThe Oil Pollution Act of 1990 was passed by the 101st United States Congress and signed by President George H. W. Bush. It works to avoid oil spills from vessels and facilities by

Abatement Costs

Abatement Costs What is 'Abatement Cost' A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created. Abatement costs are generally incur


Abatement What is 'Abatement' Abatement is a reduction in the level of taxation faced by an individual or company. Examples of an abatement include a tax decrease, a reduction in penalties

Above Water

Above Water What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than the book value used in its financials. Explaining 'Above Water' 1.

Rain Check

Rain Check What is 'Rain Check' A rain check is a promise or commitment from a seller to a buyer that an item currently out of stock can be purchased at a later date for the current day's

Water Pollution Liability

Water Pollution Liability What is 'Water Pollution Liability' Financial and legal responsibility for causing contamination to oceans, rivers, lakes or streams. Entities that cause water po

Water Rights

DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond or source of groundwater. In areas with plentiful water and few

Water Quality Improvement Act Of 1970

Water Quality Improvement Act Of 1970 What is 'Water Quality Improvement Act Of 1970 ' Legislation that expanded the federal government's authority over water quality standards and water